Business, 10.03.2020 01:35, biyah40

As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $926,953 and liabilities of $273,706. During Year 2, stockholders invested an additional $28,458 and received $25,851 in dividends from the business. What is the amount of net income during Year 2, assuming that as of December 31, Year 2, assets were $985,032 and liabilities were $238,017

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As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $926...